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Bike-sharing Services Market Size, Forecast by CredenceResearch.com

Credence Research’s report, “Bike-sharing Services  market: Global Industry Analysis, Segmentation, Competitors Analysis, Organization Size, Vertical, Geography, and Forecast to 2026” presents the market, competitive aspect, and trends for three Bike-sharing Services  market fragments: High-field, Mid-field, and Low-field Bike-sharing Services  market. It provides comprehensive information on the key trends affecting these segments, and key analytical content on the dynamics of the market. The report also reviews the competitive landscape, analyzes each segments pipeline products and gives details of important merger and acquisition deals. It is created using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by Credence Research’s team of industry experts.

Browse here for full report with Toc: https://www.credenceresearch.com/report/bike-sharing-services-market

Market Insight:

Investments made by the governments worldwide in developing reliable bike-sharing infrastructure and encouraging concepts like smart cities augurs well with the market growth. The governments are offering subsidies to service providers for setting-up stations and expanding reach to more number of commuters. With rapid growth in urbanization, travel demand and the number of vehicles have grown considerably. Today, many cities across the globe are battling traffic congestion, increased fuel consumption, and deteriorated air quality. Rising fuel consumption has endangered long-term energy security of several countries, making them increasingly susceptible to global oil supply fluctuations. Bike-sharing services significantly reduces the long streaks of traffic, thereby allowing countries to manage environmental challenges and energy dependency effectively.

In terms of business model, station-based bike-sharing model was preferred over dockless bike-sharing by service providers. The value contribution from station-based bike sharing services stood at over 86% in 2017.  The trend will prolong and station-based bike-sharing model will continue to generate majority of the revenue stream throughout the forecast period. On the other hand, dockless bike sharing offers more convenience for users since thy need not worry about full stations upon arrival or empty stations at the front-end of the trip. On the contrary, vandalism and theft remains the biggest challenges for dockless bike-sharing service providers. Various incidence of vandalism and bike theft have been reported in several companies across the globe. For instance, in Europe, a leading dockless bike-sharing service provider, Gobee.bike was forced to abandon its operations in Paris after thousands of its bikes were either vandalized or stolen. Similarly, the company had also abandoned its operations in Rome and Brussels because of significant vandalism to its fleet. Service providers are trying to address these issues by installing GPS trackers in their bicycles.

Scope:

The report examines the Bike-sharing Services market, the major driving forces and potential challenges that could restrict growth. Its scope includes

-Key geographies: US, Canada, Germany, France, UK, Italy, Spain, Brazil, Japan, China, India, and Australia.

-Information on market size for three Bike-sharing Services market segments: High-field, Mid-field, and Low-filed.

-Annualized market revenue data forecast to 2026 and company share data for 2017.

-Qualitative analysis of key trends in the Bike-sharing Services market.

Information on the competitive landscape and the leading technologies of key players: NYC Bike Share, LLC, Hangzhou Public Transport Corporation, Gobee.bike, LimeBike, Dropbike, Ofo, Beijing Mobike Technology Co., Ltd., Uber Technologies Inc., Zagster, and GrabTaxi Holdings Pte Ltd. among others.

Reasons to buy

The report will enhance your decision-making ability by allowing you to

-Develop business strategies by understanding the trends and developments driving the global Bike-sharing Services market.

-Design and improve your product development, marketing, and sales strategies.

-Exploit merger and acquisition possibilities by identifying the market players with the most innovative pipelines.

-Develop market-entry and market-expansion strategies.

-Identify the key players best positioned to take advantage of the emerging market opportunities.

-Exploit in-licensing and out-licensing opportunities by identifying the products most likely to ensure a robust return.

-Identify, understand and capitalize on emerging blockbusters of the Bike-sharing Services market landscape.

-Make more informed business decisions from insightful and in-depth analysis of the global Bike-sharing Services market and the factors shaping it.

Browse here for full report with Toc: https://www.credenceresearch.com/report/bike-sharing-services-market

Also you can request us for sample in pdf with more details and graph: https://www.credenceresearch.com/sample-request/59224

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